Commerzbank wants clarity on merger in two-three weeks: sources

FRANKFURT (Reuters) – Commerzbank management wants to decide on whether to go ahead with a potential merger with Deutsche Bank in the next 2 to 3 weeks, two sources with knowledge of the matter said on Monday.

Then Commerzbank management wants to take another 4 to 6 weeks to carry out due diligence, the sources said.

Commerzbank declined to comment.

Handelsblatt first reported the development.